Your future home awaits! This charming 1 bedroom is move-in ready and located in well maintained, historic pre-war building. The unit is located on a raised garden level with South and West facing windows, Providing both excellent natural light and privacy. As you enter, there is an open foyer with 2 hall closets leading you to the living room, that is spacious enough to add a dining area or home office space, accented with a natural brick. The kitchen is equipped with stainless steel appliances, including a dishwasher and microwave. The bedroom is large enough to fit a king size bed or queen bedroom set. (Pictures will be updated as tenant vacates) Co-op is Pet-Friendly, has an updated intercom, Laundry, bike room and package room. Street parking only. Rentable up to 2 years at a time. 1075 Grand Concourse is only 35-40 minutes to Grand Central via the 4 train or Times Square via the B/D train. You also have the convenience of living near many bus options, including the express BxM4 to Gramercy via 5th avenue.
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Our Executive Mortgage Banker:
Our Insurance Division:
$240,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $192,000 | $192,000 | $192,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,310 | $1,276 | $1,619 |
Total Monthly Payment | $1,385 | $1,351 | $1,694 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.